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20121207
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Search Results 0 to 30 of about 31 (some duplicates have been removed)
CNN
Dec 5, 2012 6:00am PST
$800 billion in tax revenue in the fiscal cliff negotiations. president obama has said there will be no deal unless taxes are raised on the wealthiest americ americans. but staunch conservatives don't want any kind of new taxes. that's where speaker boehner's job gets really tough. on piers morgan tonight newt gingrich said if all else fails, go over the cliff. >> i think that no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to an even bigger cliff. i think that the president clearly has staked out a position of nonseriousness. and i think that it's very difficult for the house republicans right now to find any practical way to get his attention. so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly
CSPAN
Dec 5, 2012 5:00pm EST
the president will be coming to the table and be serious about negotiating. >> president obama has an unbelievable opportunity to be a transformational president, that is, to bring the country together uniquely and solve this debt problem in ways that other presidents haven't really had that opportunity, or he can dissolve into zero-sum-game politics, where he wins and other people lose. i have seen an attribute in president obama when i served with him in the state senate where he was able to rise above and transform some very controversial issues in a way that was powerful. and it's my hope that president obama rises to this opportunity, avoids this zero-sum-game splash and instead leads the nation in ways that only one person can do, that is the president of the united states. house republicans are prepared to get to yes. house republicans are not prepared to get to foolish. and it is foolish to reject president obama's own self-described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing.
CNN
Nov 29, 2012 6:00am PST
as leverage in a negotiation. >> yesterday, president obama met with corporate ceos who said that a compromise is essential to avoiding the so-called fiscal cliff. here is ceo lloyd blankfein. >> reporter: if this were easy, we wouldn't be standing here having come fabs at the white house how to achieve it. it's going to be difficult. i think what we try to do is we try to get in as good a place as we possibly can. i would rather have more of the -- more of the taxes deferred to beyond the period where the economy is weak. >> well, maybe all of this is working. markets around the world are up today, a sign of confidence that a fiscal cliff deal just might be in the works. we'll see. another positive sign for the economy, the broadest picture we can get of the economy's health, gdp, came in quite a bit better than expected in the third quarter. alison kosik at the new york stock exchange to explain. hi. >> reporter: hey, carol. so between july and september, the economy grew at a 2.7% rate. so that came in much better than second quarter's rate, which was 1.3%. and there's definitely good stuff
MSNBC
Dec 5, 2012 3:00am PST
made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been taken down. it was a 50/50 proposition. >> all right. matt lewis, thank you so much. >> thank you, matt. >> fascinating. incredible read, "herding cats." >>> still ahead -- it's just cruel. i felt bat readid reading it. you know where i stand. >> cures cancer. >> let's see. >> okay. >>> coming up, we're going to bring in republican congressman tom cole who broke ranks with his party over the tax debate last week. can't wait to talk to him and get his insights. also, we'll be talking foreign policy with national security adviser dr. brzezinski. keep it right here on "morning joe." music is a universal language. but when i was
CSPAN
Dec 3, 2012 8:00pm EST
discuss a little -- the latest with the fiscal cliff negotiations. republicans and joined obama to extend the bush era tax rates. first time university law professor looked at the history of the alternative minimum task -- tax. cluster e-mails, phone calls and tweets. tuesday at 7:00 a.m. eastern on c-span. more about the tax loopholes and deductions that could be involved in negotiations over the fiscal cliff. from our special washington journal series, this is 50 mins. >> we turn our attention today to deductions and tax -- tax loopholes. joining us to talk about this is john mckennan, thank you for being here. what are loopholes and deductions? we hear those words a lot. guest: loopholes or tax breaks of all different sorts. whether you like a particular loophole or not depends on where you sit. there are lots of loopholes that are deductions. deductions are the ones most people are familiar with. the big itemize deductions are things like a home mortgage interest deduction. there is one for state and local taxes that is very important. the deduction for charitable contributions. then
CNN
Nov 28, 2012 4:00pm PST
party could do what they want to alone, like the first two years that obama was president, we got obama care and other pieces of legislation. i think people want well thought out negotiated bipartisan solutions to the problem. you don't get that when the president has no plan to close that hole and to deal with medicare and social. and he spends his time not around the negotiating table, but rather conducting rallys outside of town. i just think he's not serious about this. >> the president has said he would support raising the age for medicare coverage for a ten-year period. >> he has said a lot of things at different times, but he has not placed those on the table. we have leading senators like senator durbin who has the courage to deal with these issues. he was on the simpson-bowles committee who said that we can't deal with those now in the dealing with the fiscal cliff, we need to put that off into the future. my experience is what you put off to the future never happen here. >> i hope we can get a deal. >>> me too. >>. >>> great to see both of you. john let me start with you. corn
FOX News
Dec 3, 2012 8:00am PST
this early battle unfolds. if mr. obama can cement a bipartisan deal to his liking many believe his approach to the negotiations could serve as template for tackling major issues that could play out over the next four years. yet for many other democrats, especially those in the party's liberal wing, any sense he capitulated could signal he can be rolled by republicans. let's get into a fair and balanced debate. matt sclhapp worked for president george w. bush. and debbie dingell, vice-chair of al gore's campaign in michigan in 2000. debbie, let's start with you. john boehner, speaker of the house, came out the day after the election and said okay we'll put revenues on the table. we will raise taxes but want to do it by limiting deductions. we don't want to raise rates. no real response on that from the president's team. isn't that kind of an olive branch? >> look, i think that democrats and republicans at a senior level understand we can knot go over the fiscal cliff. i think there's a lot of positioning, a lot of posturing. quite frankly sunday talk shows may have even made me a little edgy
FOX News
Dec 5, 2012 8:00am PST
44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year
MSNBC
Nov 29, 2012 5:00pm PST
obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i was hopeful we'd see a specific plan for cutting spending. >> the treasury secretary's proposal seems pretty specific. it even includes $400 billion in specific cuts. but john boehner sees something different. >> we know what the menu is. what we don't know is what the white house is willing to do to get serious about solving our debt crisis. >> so what is this all about? i mean, i guess john boehner has his own definition of specifics. according to the john boehner dictionary, specifics means, having all the attributes john boehner agrees with and nothing he doesn't like. keep in mind, this is the same boehner who said $38 billion in cuts was the largest real dollar spending cut in american history. when boehner got those cuts last year
FOX News
Dec 4, 2012 6:00am PST
: and president obama flatly turning down a republican counteroffer in the fiscal cliff negotiations. so now what? house majority whip kevin mccarthy joins us next. >> he wants to break the back of republicans. this is a continuation of his campaign. he thinks he won it, and now he wants to drive a stake through the republicans. it's all about politics, it's nothing about economickings. dre. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. ♪ but the fire is so delightful ♪ nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow bill: we have new video released by police here in new york city of the moments before a man was pushed off a times square subway
CNBC
Dec 3, 2012 7:00pm EST
where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo director and elsewhere. the argument is being made that capping deductions whatever 25,000, 50,000, is that where the itemized deductions are, it's the upper end people who will pay for that, and that produces revenues without damaging the economic incentives, the economic growth effect of tax rate incentives. now i want to ask you, objectively, is it possible that it will affect the upper end income people without affecting the tax rate. >> you can get there. the president's budget has $600 billion raised that way. what's frustrating about this is the republicans could have gone back with a specified plan. they knew that was a nonstarter. they did what the president asked. they
FOX News
Nov 30, 2012 7:00pm PST
people in meetings negotiateing that is not what american democracy is about. >> greta: interesting looking at this democratic presidency with the last one, bill clinton, president obama almost outsources this to others, to committees, aides, senators, congressmen, he outsources everything he doesn't want to get his hands dirty. bill clinton was in there slugging it out. newt gingrich said he spent 35 days face-to-face. why doesn't president clinton get involved this is his job? >> that is a good insight it is sort of an outsourcing. when you run for the office if you don't want to be involved directly engaged in the big issue of our time, dwarfing all others is our unsustainable financial course that's what we need to deal work the american people need to be engaged in it and it is not happening. >> he wants the applause but won't do the heavy lifting the ugly stuff, putting people in a room. >> i think you are correct in that observation. we've not made progress. what we get is, hubris after this big election 2%, maybe, win they've got a lot of confidence and shoving the numbers f
PBS
Nov 30, 2012 8:00pm PST
confident of their negotiating hand. republicans on the hill are angry about it. i don't think that they're at a point where they feel like they have to give on what president obama said he won this election on, which is having wealthier americans pay higher tax rates. they want to talk about entitlements and this and that, but the tax rates on the rich are more about just this policy debate. there's sort of this philosophical thing of i won the election, and obama -- i don't see any scenario by which he's going to back down. >> one of the things he did which i found interesting, which seems an unnecessary poke in the eye was to say, you know what, as part of this deal i think we should not have congress anymore have to approve raising the debt limit. that was certainly -- >> well, when you go into a negotiation you don't come in with your compromise to start. you kind of have to start at 10 to get -- and it never worked for him before. but the offer from mitch mcconnell, the minority leader, said he laughed at timothy geithner when he presented this offer. but you have to sort of start
MSNBC
Dec 6, 2012 3:00am PST
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
FOX News
Dec 3, 2012 6:00am PST
there at the white house. martha. martha: a little more background on this now. budget negotiations with congressional leaders started a few weeks ago really with president obama calling for that $1.6 trillion in additional tax revenue over 10 years that you just heard about from john boehner. treasury secretary tim geithner argues that you can not raise enough revenue to reduce the deficit by only doing the loopholes and the tax breaks. and that is the major priority for republicans in this but some senior republican aides said they believe along with spending cuts, compromise would generate about a trillion dollars in new tax revenue, possibly from in parting those tax deductions. bill: where do we go, huh, martha? martha: good question. bill: congressman that broke ranks on one item is with us in 25 minutes. today he has a strong message directed at the white house and president obama. congressman tom colatosti out of oklahoma a bit later here on "america's newsroom.". that is 22 minutes away. martha: we brought you this breaking news on friday and now there's new fallout from th
MSNBC
Nov 28, 2012 11:00pm PST
take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ woman ] . progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wo
FOX News
Dec 1, 2012 8:00pm PST
negotiations and the president iic mum on spending cuts, how should republicans respond? and ahead of january's big tax hikes, companies and investors are cashing out. including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over the last couple of weeks. the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to
CSPAN
Dec 3, 2012 8:30pm EST
guy. but here obama, talking about obama having learned from the first four years and no longer negotiating before he goes. is there any thought that the community has learned here and enough -- that they are going to get past off because the crumbs are not enough anymore or are you guys just going to go for some more crumbs? >> i am not sure that all of the folks on this panel would represent the progressive community, but i think that we can open a. >> to you want to take that? >> speak on behalf of the progressive community. i don't think i can speak on behalf of the press corps. i guess i can speak on behalf of myself. i don't know, you know, what do you do if you are passed off, to use your phrase? i mean, you can write about these things to appoint them out , but to my you know, as i was saying, i am not terribly optimistic for the second four years because my view is not the only, but the primary leverage point that one has ever president is reelection, and once you move through that i think you're dealing with a more limited set of tools that reelection leverage point pr
MSNBC
Nov 30, 2012 1:00pm PST
, that is, of course, the big question mark. i do believe, martin, there are negotiations going on behind the scenes that we can't see and that we're not getting all the details about. as you heard president obama mention in his first press conference, one of his goals in this second term is really to do a better job at reaching out to members of congress, could congressional leaders. we know he's been in contact with them for the past several days. we don't have any specific phone calls scheduled, but i am told they will continue throughout the weekend and in the coming days. ja let's hope so. thanks so much, kristin welker. >> reporter: thank you. >> we'll be right back. >> let's. thanks so much, kristin welker. >> reporter: thank you. >> we'll be right back. ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7t
CNN
Dec 4, 2012 1:00pm PST
talks, direct face-to-face negotiations between the israelis and palestinians will get off the ground? >> it's possible. we've discussed this many times, wolf. most of the time we've been talking about the latest impact. but president obama has been re-elected here in the u.s. i know he feels deeply about this issue. he regards peace between israelis and palestinians as a genuine strategic interest of the united states. and we're going to have i think a fresh opportunity to go back to this issue to try and grip it and frame it in the right way and we've got to try. i always say to people, we spent decades trying and failing in northern ireland and finally we got a process that worked. there isn't an alternative except to come back and try again. and that's what we've got to do. by the way, as the region is in turmoil, although in one sense it becomes harder for the parties to see their way through, it's more important that the israeli-palestinian issue is put in a place where there's hope and progress. because it could, especially with the other changes in the region, get mixed up in
FOX News
Dec 6, 2012 8:00am PST
leaders in the house blaming president obama for the lack of action. they're calling on him to initiate face-to-face negotiations. did we say a deal has to be made in the next 25 days. house members are out of town for a long weekend break. fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to und
CSPAN
Dec 4, 2012 12:00pm EST
leaders and governors and others who have a stake in the process and the outcome of the negotiations, but as secretary geithner said over the weekend, as, i think, president obama conveyed in the interview today with bloomberg tv, he remains confident we can get this done. he remains optimistic that once republicans accept that there is no deal without an acknowledgement and acceptance that rates have to go up on higher end earners that, well, we can find a compromise here that resolves the fiscal cliff and takes a very important step towards the kind of broad balanced deficit reduction package that do enormous good to the economy. the kind of package i should not leave out with targeting investments so the economy continues to grow and create jobs. as i said on occasions, deficit reduction in and of itself is not a goal, but part of the plan that is focused on economic growth and job creation. president's very focused on that. jay? >> just a second ago, you referred to how the debt ceiling, taking it off the table, needs to be part of the deal. you referred to the economy, you calle
Search Results 0 to 30 of about 31 (some duplicates have been removed)